This suite features Accelerated Access Solution, which
allows access to death benefits for diagnosed chronic illness, and Lifestyle Income Solution, which
allows access to death benefits for any reason after age 85.
You can add an additional Long Term Care Rider to your policy that
allows you access to the death benefit to help you cover costs associated with long term care.
Allows you access to your death benefit for critical illness or terminal illness.
Long - Term Care rider: Helps pay for long term care costs by
allowing you access to the death benefit after an elimination period (normally 90 days or more).
Some policies even
allow access to the death benefit for chronic illness, with long - term care riders also available.
Should you be diagnosed with a terminal illness, this will
allow you access to your death benefits while you are still alive so you can pay your medical expenses.
As the cost of traditional long - term care insurance (LTCI) has dramatically increased, linked benefit and life insurance policies with riders that
allow access to the death benefit while alive have gained a lot of attention as alternative strategies.
Not exact matches
Accelerated
Access Rider
Allows insured
to accelerate a portion of their life insurance
death benefit in the event they are diagnosed with a chronic or critical illness that meets certain eligibility requirements.
Accelerated
Access Rider
Allows insured
to accelerate a portion of their life insurance
death benefit in the event they are diagnosed with a chronic or critical illness that meets certain eligibility requirements.
Terminal Illness Rider —
allows access to a portion of your
death benefit if you have a life expectancy of 12 months or less due
to illness.
Accelerated
Death Benefit Rider: the ADB rider allows you to access a portion of the death benefit if you are diagnosed as terminally ill with less than 12 months to
Death Benefit Rider: the ADB rider allows you to access a portion of the death benefit if you are diagnosed as terminally ill with less than 12 months t
Benefit Rider: the ADB rider
allows you
to access a portion of the
death benefit if you are diagnosed as terminally ill with less than 12 months to
death benefit if you are diagnosed as terminally ill with less than 12 months t
benefit if you are diagnosed as terminally ill with less than 12 months
to live.
The long - term care rider
allows you the ability
to access funds from the policy's
death benefit for qualifying long - term care services.
Accelerated
Death Benefit Riders — allows access to a percentage of your death benefit or if you have an eligible terminal illness or chronic ill
Death Benefit Riders — allows access to a percentage of your death benefit or if you have an eligible terminal illness or chronic i
Benefit Riders —
allows access to a percentage of your
death benefit or if you have an eligible terminal illness or chronic ill
death benefit or if you have an eligible terminal illness or chronic i
benefit or if you have an eligible terminal illness or chronic illness.
Allows the insured
to access the
death benefit payout while still living if he / she is diagnosed with terminal illness and needs
to use the cash
to cover the costs of care.
Both IUL and VUL policies provide lifetime coverage, pay a
death benefit and
allow access to cash value.
Usually having
to do with terminal illness or catastrophic circumstances, this feature
allows access to a portion of a life insurance policy's
death benefit, or payout.
The Company's LTC rider
allows access to the policy's
death benefit to cover costs associated with long - term care services due
to chronic illness or severe cognitive impairment, such as Alzheimer's Disease.
If you are diagnosed as terminally ill with 12 months
to live, the rider will
allow you
to access your
death benefit payout in advance.
But what you gain is insurance that acts as an asset and that will grow in cash value and
death benefit over time and
allow you easy
access to the funds for investments, paying off debt, or retirement planning.
The ADB rider
allows the owner
to access a portion of the
death benefit if the insured is diagnosed terminally ill.
An accelerated
death benefit (ADB) payout
allows the insured
to access a portion of the
death benefit in advanced if he or she is diagnosed withe a qualifying terminal illness or chronic illness.
But because it is life insurance, it also provides an accelerated
death benefit that
allows you
to access your
death benefit if you are diagnosed terminally ill, with some whole life insurance policies also covering chronic illness and long - term care.
Terminal Illness Accelerated
Death Benefit Endorsement — allows access to 75 % of your death benefit or $ 500,000 maximum if you have a life expectancy of 12 months or less due to illness or in
Death Benefit Endorsement — allows access to 75 % of your death benefit or $ 500,000 maximum if you have a life expectancy of 12 months or less due to illness or
Benefit Endorsement —
allows access to 75 % of your
death benefit or $ 500,000 maximum if you have a life expectancy of 12 months or less due to illness or in
death benefit or $ 500,000 maximum if you have a life expectancy of 12 months or less due to illness or
benefit or $ 500,000 maximum if you have a life expectancy of 12 months or less due
to illness or injury.
For example, some policies
allow tax - free
access to the amount of
death benefit to pay for long - term care costs.
In the event you become terminally ill, this rider will
allow you
to access part or all of the
death benefit cash and use it
to pay for certain expenses like medical care.
Like an accelerated
death benefit rider, this
allows early
access to the
death benefit to pay for long - term care like a nursing home or private nurse.
Allows the policyholder
to access the
death benefit early in
to pay for medical expenses in the case of terminal illness.
Accelerated
Access Solution — if you suffer a qualifying illness, this rider allows you to access your death benefit without being
Access Solution — if you suffer a qualifying illness, this rider
allows you
to access your death benefit without being
access your
death benefit without being taxed.
As such, this rider
allows you
to access 100 % of your
death benefit while living.
Accelerated
death benefit: the accelerated
death benefit rider
allows a portion of the
death benefit to be
accessed while you are still alive if you are diagnosed terminally ill or confined
to a nursing facility.
This will
allow you
to access some of your
death benefit while living if you are diagnosed with a terminal illness that will cause
death within 12 months
You also have the option of adding the Chronic Illness Plus rider, which
allows 100 % of the
death benefit to be
accessed if you qualify.
Many life insurance policies will
allow business owners or employees
to access your insurance
benefits before your
death if you become chronically ill or terminally ill.
A terminal illness
benefit, which can
allow clients
access to 40 percent of their
death benefit proceeds after being diagnosed with a terminal illness that gives them a life expectancy of six months or less
Some make you pay for the
benefit, which
allows for the owner
to access a portion of the
death benefit prior
to death if the insured has chronic illness and / or is terminally ill (expected
to die within 24 months).
In the event that you are diagnosed with a chronic or terminal illness after the two year graded
benefit period, included riders in the policy
allow for you
to access portions of the
death benefits early
to help offset additional costs that arise due
to your condition.
In the event you become terminally ill, this rider will
allow you
to access part or all of the
death benefit cash and use it
to pay for certain expenses like medical care.
Like an accelerated
death benefit rider, this
allows early
access to the
death benefit to pay for long - term care like a nursing home or private nurse.
Allows policyholders
to access a portion of the total
death benefit if the suffer a chronic illness and need the money
to cover the costs of treatment.
Also, consider adding policy riders that will
allow you
to access the policy
death benefit in the event of a terminal illness or even convert a portion of your term policy into a permanent policy (such as whole life or universal life).
Transamerica, an A + rated company founded in 1904, offers unique options, with a few of their term life products, such as Living
Benefits for early access to death benefits in the case of terminal or chronic illness; Income Protection Options to allow customers to select from a combination of income stream and lump sum payouts for beneficiaries; no required medical exams for policy amounts below $ 250,000; and low, $ 25,000 minimum face amount requi
Benefits for early
access to death benefits in the case of terminal or chronic illness; Income Protection Options to allow customers to select from a combination of income stream and lump sum payouts for beneficiaries; no required medical exams for policy amounts below $ 250,000; and low, $ 25,000 minimum face amount requi
benefits in the case of terminal or chronic illness; Income Protection Options
to allow customers
to select from a combination of income stream and lump sum payouts for beneficiaries; no required medical exams for policy amounts below $ 250,000; and low, $ 25,000 minimum face amount requirements.
Some plans
allow policyholders in certain circumstances
to access their own
death benefits while they're still alive, though it can be tricky and costly.
Mutual of Omaha, an A + rated company founded in 1909, offers competitive underwriting for a range of health conditions, including high limits for accelerated
death benefits,
allowing those who have been diagnosed with terminal illness
to access a portion of their policy's
death benefit while still alive.
Chronic Illness Rider: In the case of the insured being diagnosed with a chronic illness or have less than 6 months
to live, this rider
allows the insured
to have
access to death benefits for the cost of living such as nursing home or medical bills.
Critical illness
benefits allow you
to access a portion of the
death benefit should you suffer something catastrophic such as a heart attack, cancer or a stroke.
PruLife Return of Premium Term offers the Living Needs
Benefit rider at no additional cost which will
allow you
to have
access to your
death benefits if you become terminally ill, become confined
to a nursing home or require an organ transplant.
This rider is included without additional cost and
allows the policy holder
to access up
to 75 % of the
death benefit (up
to a maximum of $ 250,000) without a penalty, as long as a doctor diagnoses you as being terminally ill with less than 24 months
to live.
PruTerm WorkLife 65, offers the Living Needs
Benefit rider at no additional cost which will
allow you
to have
access to your
death benefits if you become terminally ill, become confined
to a nursing home or require an organ transplant.
Prudential takes it a step further and
allows their policyholders
to access their
death benefit while they're still living if they have a chronic illness, and are confined
to a nursing home, with the expectation that they will remain there.
Chronic illness
benefits allow you
to access your
death benefit if you become unable
to perform 2 out of the 6 activities of daily living (very much like long term care insurance).